Acquisitions

Unite with Novatech and Make a Difference!

At Novatech, we believe that business success has less to do with luck and more with integrity, innovation, hard work and an unwavering focus to customer satisfaction. 

We seek to partner with business owners who feel the same way. Through our acquisitions program, we’re building a fully integrated, national organization that delivers a comprehensive technology ecosystem with the efficiency of a large enterprise, but the agility and dedication to excellence of a local entrepreneur. 

Through our extensive suite of office technologies, we are dramatically improving business outcomes for our clients. We invite you to join us on this exciting journey.

New Geographies; New Opportunities

One of our growth strategies is to enter new geographic markets by acquiring “key” companies. We will augment the footprint of these acquisitions through additional acquisition of satellite firms, typically in close proximity to key companies. Our key companies may continue to operate under their pre-acquisition names and with their pre-acquisition management teams, thus preserving existing customer relationships. Satellite companies are integrated into our key companies by transferring some of the administrative functions from the satellite to the key company, or to Novatech as a whole.

Key Company Acquisitions

If we already have a presence in your market, and/or your business has unique, appealing characteristics that could extend our presence, we may be willing to explore a strategic partnership. Key attributes in our acquisition candidates are: 

An experienced leadership team committed to retaining company management after we acquire it

A strong regional market presence and reputation for service

The ability to grow internally and through the acquisition of satellite companies

Satellite Company Acquisitions

Our primary growth strategy is to acquire satellite companies in or near our key companies’ markets. Key company management frequently identifies appropriate satellite acquisition candidates. In evaluating potential satellite acquisitions, we consider, among other factors, the potential satellite’s proximity to a key company, its customer base, its service contracts and its equipment in the field.

Acquisition Integration

Our experienced management team provides direct support and assistance after the acquisition transaction. Recognizing that an acquisition can be disorienting for both personnel and customers, our dedicated acquisition project lead provides support to ease the transition. We also invest in our operating companies through benefit programs and insurance. Our management team is available to assist with a variety of concerns including human resources, benefits, insurance, service, marketing,  sales productivity, accounting and information systems support.

Your Legacy; Their Future

At Novatech, while we may acquire your company, we also honor your history and culture. We only work with organizations that share our dedication to excellence and each acquisition is “a joining” rather than a takeover. Our goal is three-fold: to honor your life’s work, provide you with optimal liquidity, and provide employees (and shareholders, if any) with flexible options for their professional and financial futures. We view your staff and customer relationships as some of your most valuable assets. Our entire acquisition process is centered on maintaining and building trust and cooperation.

Business Valuation

There are many variables that go into assessing the value of a business to our portfolio, and every situation has nuances to be considered by both sides. To discuss our business valuation process, please contact us at 800.264.0637

Our Financial Team

Novatech works closely with Trivest Partners, a private equity firm providing succession planning. Our technical acumen and Trivest’s resources enable us to increase the scope and scale of our acquisitions while effectively vetting candidate business models to ensure they fit within Novatech’s areas of expertise. 

Our full-time acquisitions team is responsible for identifying and examining potential candidates, performing detailed analysis, valuation, due diligence and all actions necessary to commence an acquisition.

Our Acquisition Strategy and Structure

Our unique “Just Say No!” structure removes many of the pain points typical of an acquisition transaction. We just say no to:

  • Required shareholder “rollover” expenditure
  • Complex stock structure with preferential treatment to other equity owners
  • Excessive debt leverage
  • Financing contingencies
  • “Re-trading” to a lower valuation without supporting data

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